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Unfair Trade Practices In Competition Law In Salt Lake
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State:
Multi-State
County:
Salt Lake
Control #:
US-000289
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Utah's Unfair Practices Act was enacted to “safeguard the public against the creation or per- petuation of monopolies and to foster and encourage competition, by prohibiting unfair and discrimi- natory practices by which fair and honest competition is destroyed or prevented.”
At its core, the Utah Unfair Competition Act is essential in protecting businesses from unfair or illegal competition. This law prohibits several types of agreements, including those that restrain trade and those that unlawfully interfere with a person's business interests.
At its core, the Utah Unfair Competition Act is essential in protecting businesses from unfair or illegal competition. This law prohibits several types of agreements, including those that restrain trade and those that unlawfully interfere with a person's business interests.
(These practices are commonly called misleading or unfair business practices.) They include false advertising, misrepresentation, tied selling, and failing to comply with regulations. Under consumer protection laws, they are illegal and can lead to compensatory or punitive damages.
Types of Unfair Trade Practices ①Refusal to Deal. ② Discriminatory Treatment. ③ Exclusion of a Competitor. ④ Unfair Solicitation of Customers. ⑤ Coercion of Transaction. ⑥ Abuse of Superior Bargaining Position. ⑦ Imposing Binding Conditional Trade. ⑧ Obstruction of Business Activities.
Utah's Unfair Practices Act was enacted to “safeguard the public against the creation or per- petuation of monopolies and to foster and encourage competition, by prohibiting unfair and discrimi- natory practices by which fair and honest competition is destroyed or prevented.”
Unfair trade practices include twisting facts, harsh treatment of workers, poor working and living conditions as well as not allowing workers to join labour unions. Work and exploitation People who are poor are often exploited in the trading system. When you are exploited, it means that someone treats you unfairly.
Contact the Division at (801) 530-6601 during normal business hours.